- Overview Open interest flow detects inflows (positions opening) and outflows (positions closing) using open interest and estimates delta (net buyers/sellers) for the flows. Users are able to choose any open interest source available on Tradingview, by default set to BTCUSDT OI fetched from Binance. Using historical open interest flows, bands depicting typical...
The Open Interest Chart displays Commitments of Traders %change of futures open interest , with a unique circular plotting technique, inspired from this publication Periodic Ellipses . 🔶 USAGE Open interest represents the total number of contracts that have been entered by market participants but have not yet been offset or delivered. This can be a...
This indicator is the companion to my OIWAP (Open Interested-Weighted Average price) open source indicator. In observing the OIWAP, what seemed most interesting was the distance between price and OIWAP. This indicator plots that spread in a histogram. It seems when price is too high above all OIWAPs, it's locally overbought (sentiment is overly bullish), and...
Description: The Open Interest (OI) is a valuable metric that gets released at the end of each trading day. This metric represents the number of outstanding futures contracts held by market participants for a given commodity or market The concept of utilizing the OI data as a strategic trading tool was first introduced by Larry Williams : Rise in Price...
This script is an all-in-one indicator that uses aggregated Open Interest data to plot OI candles, Open Interest Delta, OI x rVOL, and OI RSI. It also includes tools such as an OI Distribution profile, large OI increase/decrease coloring, a Stats Screener, and much more. You can select and have the script plot the following: - Open Interest in the form of OHLC...
This script generates an aggregated Open Interest profile for any user-selected range and provides several other features and tools, such as OI Delta Profile, Positive Delta Levels, OI Heatmap, Range Levels, OIWAP, POC and much more. The indicator will help you find levels of interest based on where other market participants are opening and closing their...
This oscillator helps filtering specific conditions in the market based on open interest (OI) and the ratio of longs and shorts (LS) for crypto assets. Currently it works with BINANCE:BTCUSDT.P but soon I'll be adding support for more assets. It flags areas of interest like: - Too many longs, too many shorts in the market - Open interest too high or too...
Ahoy! This script calculates Open Interested Weighted Average Price for the following lookback periods: - 7, 30, 60 e.g. On the 1D chart, you will see OIWAP for the past 7, 30, and 60 days. It works on any timeframe though. It works with any ticker that TV's OI indicator supports, and has ticker override if you are looking at an exchange that's unsupported,...
This indicator is used to display whether there has been an abnormal increase or decrease in recent contract positions. Its usage is similar to the RSI indicator. Please note that this indicator uses fixed (customizable) thresholds of 0.4 and 0.6 to indicate when abnormal opening and closing occur respectively. For some altcoins, their values may far exceed 0.4...
The indicator collects data from available exchanges based on open interest. The indicators are calculated in the amount of Bitcoin. Below are the tickers of the exchanges that provide the data: - BITFINEX:BTCUSD - BITFINEX:BTCUST - KRAKEN:BTCUSDPERP - BITMEX:XBTUSD - BITMEX:XBTUSDT - BINANCE:BTCUSDTPERP - BINANCE:BTCUSDPERP (due to low volumes and...
This indicator calculates what percentage of market cap data corresponds to open interest data. Leverage Ratio = 1/(Market Cap / 100 * Open Interest) Market Cap data comes from TradingView -> CRYPTOCAP:YOURCOINSYMBOL Open Interest data comes from IntoTheBlock -> INTOTHEBLOCK:YOURCOINSYMBOL_PERPETUALOPENINTEREST IntoTheBlock refresh perpetual data at the end of...
This script is an experimental indicator that visualizes the entering and exiting of long and short positions in the market. It also includes other useful tools, such as NL/NS Profile, NL/NS Delta, NL/NS Ratio, Volume Heatmap, Divergence finder, Relative Strength Index of Net Longs and Net Shorts, EMAs and VWMAs and more. To avoid misinterpretation, it's...
Wunder OI bot 1. Wunder OI bot is based on the search for divergences on the Open Interest indicator. The strategy determines the divergence between the price and the Open Interest for a given period. 2. 50 EMA is used as an additional filter. If a divergence is found for a specified number of bars ago and the price is above or below, a trade will be opened. 3....
OI Profile Composite This indicator is a compliment tool to the OI Profile Remastered, the indicator works by allowing the user to choose: -Start Time -End Time On load so the profile is built as a composite of this data. the indicator provides the opportunity to show: Delta, Positive and negative OI in separation, as well as calculate the High Value Nodes (...
OI Profile Remastered This indicator is the successor to the very popular first open interest profile, the indicator provides the opportunity to show: Delta, Positive and negative OI in seperation, as well as calculate the High Value Nodes (HVN) + Liquidations independently of the OI shown. Users are granted options such as HVN - Auto detects areas of High...
This script generates a footprint-style bar (profile) based on the aggregated volume or open interest data within your chart's visible range. You can choose from three different heatmap visualizations: Volume Delta/OI Delta, Total Volume/Total OI, and Buy vs. Sell Volume/OI Increase vs. Decrease. How to use the indicator: 1. Add it to your chart. 2. The script...
Cuban's Open Interest Spaghetti is an indicator built for traders to track the open interest changes of highly correlated markets, spreads, and ecosystems. The tool provides three different viewing modes for tracking open interest; a rolling bar lookback, a specific data and time anchor, and a visible range -- similar to the native Tradingview 'Compare'...
This script calculates the open interest (OI) of a given futures contract and identifies when the OI is increasing or decreasing. It then plots bubbles on the chart to indicate when the OI is increasing or decreasing, with larger bubbles indicating a larger increase or decrease. The script also calculates the rate of change (ROC) and the relative strength index...